Senior Actuarial Analyst

Jubilee Life Insurance Limited is hiring a Senior Actuarial Analyst to join its Head Office in Nairobi. This Senior Actuarial Analyst jobs in Nairobi opportunity is ideal for experienced actuarial professionals looking to advance their careers with Jubilee Insurance careers while exploring the latest Senior Actuarial Analyst vacancies in Kenya’s insurance industry.

Key Job Information

• Position: Senior Actuarial Analyst
• Company: Jubilee Life Insurance Limited
• Location: Nairobi, Kenya
• Employment Type: Full-Time
• Department: Products
• Reports To: Senior Manager – Products
• Application Deadline: 3rd August 2026

About Jubilee Insurance Careers

Established in 1937, Jubilee Group is the first locally incorporated insurance company in East Africa and has grown into the region’s largest composite insurer. The Group serves more than 1.9 million clients across Kenya, Uganda, Tanzania, and Burundi, offering Life Insurance, Medical Insurance, Asset Management, and Pension solutions.

As the only ISO-certified insurance group listed on the Nairobi Securities Exchange, Dar es Salaam Stock Exchange, and Uganda Securities Exchange, Jubilee continues to uphold high standards of innovation, governance, and financial strength. Professionals seeking jobs at Jubilee Insurance have the opportunity to work with one of East Africa’s most respected financial institutions.

Senior Actuarial Analyst Jobs in Kenya

The Senior Actuarial Analyst will support product development, actuarial pricing, financial modelling, and risk analysis to enhance business performance and strategic decision-making. The successful candidate will ensure actuarial outputs remain accurate, compliant with regulatory standards, and aligned with the company’s long-term financial objectives.

This position works closely with Finance, IT, Operations, Marketing, Legal, Compliance, and Distribution teams to deliver innovative insurance products while improving actuarial models and reporting processes. Candidates interested in actuarial jobs in Kenya will gain valuable exposure to advanced analytics, IFRS 17 reporting, and enterprise risk management.

Key Responsibilities

• Support the design, pricing, enhancement, and launch of life insurance products.
• Conduct market research and competitor analysis to identify new product opportunities.
• Prepare product proposals, business cases, and documentation for approval.
• Review and price new and existing insurance products to ensure competitiveness and profitability.
• Collaborate with cross-functional teams to successfully implement product initiatives.
• Monitor product performance, customer feedback, and profitability while recommending improvements.
• Ensure all products comply with regulatory requirements and internal governance standards.
• Validate and analyse actuarial data from multiple sources to support modelling activities.
• Develop, maintain, and document actuarial models using industry-standard tools.
• Perform mortality, morbidity, lapse, persistency, and expense investigations.
• Conduct scenario testing and sensitivity analysis to evaluate financial risks.
• Support IFRS 17 reporting and prepare actuarial reports for management and regulators.
• Perform capital modelling, solvency assessments, stress testing, and reinsurance analysis.
• Participate in audits while maintaining proper documentation and version control.
• Drive automation initiatives using actuarial software and analytical tools.
• Promote continuous learning, collaboration, and adherence to professional actuarial standards.

Required Qualifications

• Bachelor’s degree in Actuarial Science.
• Progress in professional actuarial examinations with at least four papers completed under IFoA, SOA, or an equivalent recognized body.
• Minimum of three to four years of actuarial experience, preferably within life insurance.
• Experience in actuarial modelling, pricing, valuation, and financial reporting.
• Knowledge of IFRS 17 reporting frameworks, reserving, and solvency reporting.
• Advanced Microsoft Excel skills with strong analytical and statistical capabilities.
• Candidates seeking IFRS 17 actuarial jobs in Kenya with experience in pricing and modelling are encouraged to apply.

Preferred Qualifications

• Experience using Prophet or other actuarial modelling software.
• Knowledge of R, Python, SQL, or similar analytical tools.
• Exposure to Shari’ah-compliant (Takaful) insurance is an added advantage.
• Strong understanding of reinsurance analysis and regulatory compliance.

Benefits and Compensation

• Opportunity to work for East Africa’s leading composite insurance group.
• Professional growth through actuarial development and continuous learning.
• Exposure to advanced actuarial modelling, pricing, and financial reporting.
• Collaborative work environment focused on innovation and excellence.
• An excellent opportunity for professionals pursuing insurance careers in Kenya.

How to Apply for Senior Actuarial Analyst Jobs at Jubilee Insurance

Candidates interested in apply for Senior Actuarial Analyst job in Kenya should submit their application via [email protected], clearly quoting the Job Reference Number JLIL 424 and the position title. Applications must be received on or before 3rd August 2026.

If you are searching for Jubilee Insurance vacancies 2026, actuarial careers in Nairobi, or work at Jubilee Insurance, this is an excellent opportunity to join a market-leading insurer committed to innovation, financial excellence, and career development. Only shortlisted candidates will be contacted.